Monat: Mai 2025

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Best crypto to buy: XRP, ADA and Bitcoin Pepe

  • The total cryptocurrency market capitalization declined by 1.7% over the past 24 hours to $3.29 trillion.
  • As the broader market stalls after yesterday’s rally, XRP, Cardano (ADA), and Bitcoin Pepe are beginning to show signs of major upside.
  • BPEP tokens are currently priced at $0.0326, with the presale scheduled to end on May 31, 2025.

The total cryptocurrency market capitalization declined by 1.7% over the past 24 hours to $3.29 trillion, even as equity markets continued to post gains.

A strengthening US dollar, driven by renewed tariff-related developments, weighed on crypto prices.

This pressure was amplified by Bitcoin’s recent rally to near-record levels, prompting short-term profit-taking.

Despite the pullback, investor sentiment remains firm. The Crypto Fear & Greed Index held steady at 70 for the fourth consecutive day, reflecting ongoing risk appetite in the market.

Bitcoin illustrated its typical volatility on Tuesday, briefly dipping to $100.5k before recovering to $102.7k, suggesting that the decline was primarily driven by profit booking followed by renewed buying interest.

With market optimism largely intact, price behavior around the $105k level remains a key area to watch in the near term.

As the broader market stalls after yesterday’s rally, XRP, Cardano (ADA), and Bitcoin Pepe are beginning to show signs of major upside.

Cardano

Cardano (ADA) fell 4% to $0.785 on Tuesday, marking a pause in its recent bullish trend following a 19% rally last week.

The decline suggests some loss of momentum in the short term, but broader sentiment within the Cardano community remains resilient.

Investor optimism has been buoyed by the long-awaited integration of ADA into the Brave Wallet, a move that enhances Cardano’s real-world utility.

The announcement was followed by comments from Cardano founder Charles Hoskinson, who described the Brave integration as the “first of many” upcoming partnerships.

He added that these deals had originally been planned for 2022 but were delayed due to what he described as a lack of follow-through by an unnamed party: “A certain entity dropped the ball, we got ignored.”

Hoskinson said the remaining deals—linked to the Midnight release—will be rolled out over the coming summer and fall, contributing to growing expectations for continued development across the ecosystem.

Despite the recent price pullback, the improving sentiment around Cardano and its ongoing partnerships suggest investors are looking beyond short-term volatility.

XRP

Following a strong rally on Monday, XRP overtook Tether to become the third-largest cryptocurrency by market capitalization, which briefly crossed $150 billion.

Despite a pullback amid broader market corrections, XRP is still trading 4% higher on the 24-hour chart at $2.47.

Data from Coinglass indicates continued bullish sentiment among traders, with XRP futures open interest rising 14.42% to $5.29 billion and options volume jumping 76%.

Meanwhile, blockchain analytics firm Santiment reported that the XRP Ledger has reached a milestone of 6.5 million users—the highest in its 12-year history.

Bitcoin Pepe to list on May 31

Bitcoin Pepe (BPEP) is positioning itself as a project that combines Bitcoin’s established presence in the crypto market with the viral momentum often seen in meme coins.

The project promotes its approach as a first-of-its-kind initiative, aiming to bridge the gap between the two segments. According to its messaging:

“The opportunity isn’t subtle. Meme coins hit $100B without Bitcoin. Bitcoin sits at $2T without memes. We’re the first to merge them.”

Investor interest has been building, with the ongoing presale raising over $8 million so far.

BPEP tokens are currently priced at $0.0326, with the presale scheduled to end on May 31, 2025.

A potential exchange listing is expected to follow soon after, which could act as a catalyst for further price movement.

With positive sentiment returning to the broader crypto market, Bitcoin Pepe may attract further attention from investors seeking exposure to speculative meme-driven assets.

The post Best crypto to buy: XRP, ADA and Bitcoin Pepe appeared first on CoinJournal.

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Pi Network price dips 25% after 8M unlock, with 13M more tokens set for May 15

  • 24-hour trading volume spikes to $1.63 billion.
  • One transaction moved 90M PI tokens.
  • Core Team announcement expected on May 14.

Pi Network (PI) has lost a quarter of its value in a single day, retreating from highs of $1.40 to around $1.10 after a fresh 8 million PI tokens were unlocked into circulation.

The token’s drop, which reversed a 100% rally just hours earlier, has placed renewed focus on its volatile trading activity and the upcoming 13 million token unlock scheduled for May 15 — a supply event that could add further downside pressure.

The abrupt decline began shortly after a week of intense trading interest.

On some exchanges, PI rose from around $0.70 to $1.29 and briefly peaked at $1.40 before retracing.

Pi Network price drops 25% after 8M token unlock, further 13M set to hit market on May 15

Source: CoinMarketCap

The surge saw a 24-hour trading volume of roughly $1.63 billion, propelled by significant on-chain activity.

One transaction alone involved 90 million PI tokens, indicating the growing influence of whale trades on short-term market direction.

Token unlock triggers sell-off

The May 11 sell-off coincided with the scheduled release of 8 million previously locked tokens, adding fresh supply into the market.

While token unlocks are routine for most crypto projects, the scale of this release triggered an immediate reaction from traders who rushed to offload positions in anticipation of dilution.

Pi Network’s upcoming May 15 unlock could introduce an even greater 13 million PI tokens to exchanges.

This has raised concerns among investors about whether the platform’s demand-side fundamentals can absorb such increases in circulating supply without further price erosion.

Some analysts note that unless the Pi Core Team makes a significant announcement before or during the May 15 unlock, PI’s price could test support zones near $0.80 or even $0.60.

The possibility of a cascade sell-off has grown more likely in the absence of new utility updates or listings.

Rumours and upcoming update

Despite the steep correction, community speculation remains active around a potential listing of PI on centralised exchanges.

Over the past week, rumours surfaced about an imminent Binance listing, which contributed to the surge in both price and volume. These rumours remain unverified at the time of writing.

Adding to the speculation is an expected statement from the Pi Core Team scheduled for May 14.

Details about the nature of this update have not been disclosed, but the timing — just one day before the next major token unlock — has led to expectations of either a product rollout, exchange partnership, or mainnet progress report.

Many in the community consider the upcoming announcement as a make-or-break moment.

If the developers fail to meet expectations, sentiment could sour further, increasing the likelihood of sustained price weakness through the second half of May.

Volatility highlights price discovery

While Pi Network’s volatility has unsettled some traders, others argue that PI is still undergoing price discovery — a common phase in the lifecycle of emerging crypto assets.

During this period, large fluctuations are not unusual as the market searches for fair value based on supply, demand, and speculative interest.

Since trading began on centralised platforms in December 2023, PI has lacked a fully defined value range due to restricted withdrawals and limited exchange support.

As these constraints gradually lift and token unlocks proceed, the asset’s price is expected to stabilise, though near-term movements are likely to remain headline-driven.

That said, the upcoming 13 million token release will be a key test for Pi Network’s resilience. If the project can pair this with a tangible update or exchange news, it could prevent further decline.

But in the absence of such developments, traders may see deeper retracements before a new support floor is established.

The post Pi Network price dips 25% after 8M unlock, with 13M more tokens set for May 15 appeared first on CoinJournal.